8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 1, 2008

Thor Industries, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware	1-9235	93-0768752
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

419 West Pike Street, Jackson Center, Ohio	45334-0629
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (937) 596-6849

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

     On December 1, 2008, Thor Industries, Inc. (the “Company”) issued a press release announcing certain financial results and other information for the quarter ended October 31, 2008. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

     In accordance with general instruction B.2 to Form 8-K, the information set forth in Item 2.02 of this Form 8-K (including Exhibit 99.1) shall be deemed “furnished” and not “filed” with the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing thereunder or under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits

Exhibit Number	Description
99.1	Copy of press release, dated December 1, 2008, issued by the Company

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Thor Industries, Inc.
Date: December 3, 2008	By:	/s/ Christian G. Farman
		Name:	Christian G. Farman
		Title:	Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit
Number	Description
99.1	Copy of press release, dated December 1, 2008, issued by the Company

EX-99.1

Exhibit 99.1

419 WEST PIKE STREET • P.O. BOX 629 • JACKSON CENTER, OHIO 45334-0629
PHONE 937-596-6849 • FAX 937-596-6539

NEWS RELEASE

Date:	December 1, 2008
Contact:	Wade F. B. Thompson or Peter B. Orthwein

THOR REPORTS FIRST QUARTER 2009 RESULTS

Thor Industries, Inc. (NYSE:THO) today reported sales, net income and E.P.S. for the first quarter ended October 31, 2008. Net income was $5,120,000, down 87% from last year’s $38,209,000. E.P.S. were 9¢ versus 69¢ last year. Sales for the quarter were $438.8 million, down 42.5% from $763.7 million.

RV income before tax in the quarter was $5,772,000, down 90% from $57,665,000 last year. Bus income before tax was $5,297,000, up 28% from $4,139,000 last year. RV sales in the quarter were $330.4 million, down 50% from $664.2 million last year. Bus sales in the quarter were $108.4 million, up 9% from $99.5 million last year. Net corporate costs were $2.8 million vs. $1.3 million last year.

“Cash, cash equivalents and investments increased to $299 million from $265 million last year. Our financial condition continues to be very strong. We have increased our market share in each of our business segments and we expect to continue our leadership in both of our industries,” said Wade F. B. Thompson, Thor Chairman.

Thor is the world’s largest manufacturer of recreation vehicles and a major builder of commercial buses.

This release includes certain statements that are “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements involve uncertainties and risks. There can be no assurance that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, additional issues that may arise in connection with the findings of the completed investigation of the Audit Committee of the Board of Directors of Thor Industries, Inc. (the “Company”) and the SEC’s requests for additional information, fuel prices, fuel availability, lower consumer confidence, interest rate increases, tight lending practices, increased material costs, the success of new product introductions, the pace of acquisitions, cost structure improvements, the impact of the recent auction market failures on our liquidity, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of the Company’s Annual Report on Form 10-K for the year ended July 31, 2008. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained in this release or to reflect any change in the Company’s expectations after the date of this release or any change in events, conditions or circumstances on which any statement is based except as required by law.

THOR INDUSTRIES, INC.
STATEMENT OF INCOME FOR THE 3 MONTHS ENDED OCTOBER 31, 2008 & 2007
$000 except per share — unaudited

	3 MONTHS ENDED OCTOBER 31
	2008		%			2007		%
Net sales	$	438,817				$	763,736
Gross profit	$	40,063		9.1	%	$	101,275		13.3	%
Selling, general and administrative	$	34,266		7.8	%	$	45,197		5.9	%
Amortization of intangibles	$	200		—		$	213		—
Interest income (net)	$	1,887		0.4	%	$	3,836		0.5	%
Other income	$	766		0.2	%	$	779		0.1	%
Income before taxes	$	8,250		1.9	%	$	60,480		7.9	%
Taxes	$	3,130		0.7	%	$	22,271		2.9	%
Net income	$	5,120		1.2	%	$	38,209		5.0	%
E.P.S. — basic	$	0.09				$	0.69
E.P.S. — diluted	$	0.09				$	0.68
Average common shares outstanding-basic		55,408,576					55,757,338
Average common shares outstanding-diluted		55,472,773					55,966,614

SUMMARY BALANCE SHEETS — October 31 ($000) (unaudited)

	2008		2007			2008		2007
Cash and equivalents	$	177,731	$	104,451	Current liabilities	$	211,688	$	295,728
Investments, short term		—		160,550	Other liabilities		50,074		46,220
Accounts receivable		118,633		179,217	Stockholders’ equity		699,201		676,123
Inventories		166,563		187,879
Deferred income tax and other		39,504		31,079
Total current assets		502,431		663,176
Fixed assets		150,312		157,091
Investments-long term		121,392		—
Investments-joint ventures		2,428		3,119
Goodwill		158,128		165,663
Other assets		26,272		29,022
	$	960,963	$	1,018,071		$	960,963	$	1,018,071